These numbers aren't a surprise. But are we ensuring that workers can come out of this whole, or at least on the edge of whole? No.
Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C.
Ten million or 20 million people with well-paying jobs with health insurance? Sure, great. But could the government manage it? And what of the private sector?
Underlying July’s dismal employment report showing almost no job creation is a message for the second half of the year: Don’t expect things to change. Economist Dean Baker on where the jobs are—and are not.